Manchester City and manager Roberto Mancini have agreed to a new five-year contract, ending speculation about the Italian's future.

Mancini guided City to its first Premier League title in 44 years with a win over QPR on the final day of the season to finish ahead of rivals Manchester United on goal difference.

And he has now been rewarded with a new five-year contract that ties him to the club until 2017.

A statement from Manchester City read: "Manchester City Football Club today are pleased to announce that a new contract has been agreed with manager Roberto Mancini.

"The deal, which runs until the summer of 2017, follows the club's most successful season in more than four decades, which concluded in the most dramatic of circumstances in the team's thrilling 3-2 win over Queens Park Rangers in May this year."

Mancini had been linked with a move to Russia, but the new deal ends any speculation about his departure.